Investor relations

Corporate info

Senior Secured Floating Rate Bonds 2020/2025

Q2 and H1 2020 results - Investor Presentation

ABAX Q3 Revenue Results and First Acquisition

Press releases

Press release - ABAX acquires automile to strengthen its telematics platform

Press release - Outcome of put option right under ABAX's senior secured bonds

Press release - Notice of a listing failure event

Notice of a listing failure event

Message from CEO_Notice of a listing failure event

ABAX Q3 Revenue Results and First Acquisition 

Third Quarter Highlights 

Revenue grew organically by 5 % from Q3 2019 to Q3 in 2020 and a combined growth of 16% for the same time period. 

Number of subscriptions grew from 254,980 to 278,708 by the end of Q3 2020. Representing a 14% increase from Q3 2019. 

Executive Quotes

“We have added our first acquisition, since our Nordic Bond raise in June 2020. Adding RAM Track and Trace to the ABAX family and strengthening our customer commitment in the Netherlands and Belgium, adding 19,600 subscriptions to our portfolio.” 

“The ABAX connectivity solution is proving an important asset for our customers, giving them the ability to maintain operational control and efficiency through times of uncertainty. Though Q3 saw Covid come back in wave 2 during the quarter, the effects on the ABAX subscription model were negligible, through Q3, showing the resilience of our business.“ 

Morten Strand CEO
Full results for Q3 - 2020, will be published on Friday the 30th of October 2020.